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$1,195,000

Beds
2
Baths
1.5
sq ft
902

202 SE 4th St, Delray Beach, FL 33483

202 SE 4th St

Delray Beach, FL 33483

  • 251 days on market
''Discover a distinctive investment opportunity just four blocks south of Atlantic Avenue, boasting an oversized lot spanning 16,577 square feet (.38 acres). This expansive land offers the potential for redevelopment or long-term holding, situated within a private enclosure. Enjoy the best of both worlds - proximity to Delray's lively attractions while relishing complete privacy upon returning home. Additionally, the homeowner has provided plans for future redevelopment, further enhancing the property's allure. Refer to the attached plans for details on the proposed renovation.''

Details

Property type

Single Family Residence

Est. home value

$784,971

Lot size

0.38 acres

Price per sq ft

$1,325

Year built

1948

Annual property taxes

$10,840

Price History

04/19/2024
Beaches

Beaches #R10979727

Listed
$1,195,000
+598.83%
09/30/2016
Beaches

Beaches #R10256587

Sold
$171,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$479,997
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$619,403
Cash to seller
$479,997

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Hometown Equity Mortgage

Loan start date

October 2022

Original loan amount

$640,000

Est. remaining balance

$619,403

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Jean Frantz Marcelin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/26/2024 at 8:00 AM

Listing updated: 12/10/2024 at 12:49 PM

Listed by: Devuyo Frantz Marcelin, United Realty Group Inc. Phone #: (954) 450-2000

MLS: Beaches #R10979727

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